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Section D; The FBGPTRA operates the SH-99 Toll (Grand Parkway Toll Road) from FM-1093 (Fort Bend Westpark Tollway) south to I-69/US-59 (Southwest Freeway) as a toll road with a series of tolled overpasses; The Texas Department of Transportation (TxDOT) operates the adjoining segments of the Grand Parkway (E, F1, F2 and G) from FM-1093 north to ...
In 2002, HCTRA entered into an agreement with TxDOT and Harris County for the reconstruction of I-10/Katy Freeway. The toll road authority's portion of the project is a 12-mile (19.3 km) managed lane facility in the center of the reconstructed freeway that is used by METRO and HOV vehicles at no charge and single passenger vehicles for a toll.
EZ TAG is an electronic toll collection system in Houston, Texas, United States, that allows motorists to pay tolls without stopping at toll booths. Motorists with the tags are allowed to use lanes reserved exclusively for them on all Harris County Toll Road Authority (HCTRA) roads.
In 2013, Moody's downgraded the company's debt to junk status due to low traffic revenues, raising the possibility that TxDOT might terminate its toll contract with the group. [13] The company explored debt restructuring around December 2013, [14] and was in danger of a payment default in June 2014, [15] eventually filing for bankruptcy in ...
Although the 1979 cancellation has ended TxDOT's highway proposal, Fort Bend County had an interest in the roadway project since 1984. On March 29, 1988, the parkway was officially designated by TxDOT as State Highway 122—stretching from Beltway 8 to the Grand Parkway . Environmental and feasibility studies were conducted during the next 10 ...
The Texas Department of Transportation (TxDOT / ˈ t ɛ k s. d ɒ t /) is a Texas state government agency responsible for construction and maintenance of the state's immense state highway system and the support of the state's maritime, aviation, rail, and public transportation systems.
In 2003, all Greater Houston area toll-roads operated by Harris County Toll Road Authority and Fort Bend County Toll Road Authority (), and all Dallas–Fort Worth metroplex area toll-roads operated by North Texas Tollway Authority became compatible with TxTag, with the exception of Dallas/Fort Worth International Airport and Dallas Love Field airport parking, where NTTA's TollTag is the only ...
TxDOT allows for the creation of toll roads and managed-access lanes through public–private partnerships, officially called Comprehensive Development Agreements (CDAs). [17] Under a CDA, the design, construction, and maintenance of the road is paid for by a private operator (typically a consortium of investors) in exchange for the right to ...